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Author Archives: MCFB

FARMERS PRAISE FARM BILL PROGRESS

Illinois farmers are lauding a deal on the farm bill, which moved out of committee and passed the Senate Tuesday. “This is an extremely important piece of legislation for our farmers to provide that certainty, the risk management tools that they need especially at a time that we’ve been dealing with such uncertainty from a… read more

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USDA RAISES DOMESTIC GRAIN STOCKS

USDA raised ending stocks of corn and wheat and left soybean stocks unchanged from last month, at a hefty 955 million bushels, in its December world ag supply and demand estimates report. According to U of I ag economist Todd Hubbs, South American competition could pressure U.S. crop sales despite trade talks progressing between the… read more

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90 DAYS AND COUNTING

China Wednesday expressed confidence it can reach a trade deal with the U.S., a hope echoed by President Donald Trump just a day after he warned of more tariffs if the two sides can’t come together. “Very strong signals being sent by China once they returned home for their long trip, including stops, from Argentina,”… read more

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CAUTIOUSLY OPTIMISTIC

Illinois farmers are cautiously optimistic about the U.S.-China cease fire announced over the weekend and are hopeful a deal can be reached. “We’re still nervous,” said Tamara Nelsen, senior director of commodities, IFB. “The markets, I think, are reflecting that. They went up some for corn and soybeans, but they did not go up a… read more

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TV NEWS STILL TRUMPS ALL

According to a recent Pew Research Center survey, Americans continue to prefer watching the news rather than reading or listening to it, and their viewing loyalties have yet to migrate fully to the web. Forty-four percent of adults prefer to watch news on TV, compared with 34 percent who prefer the web, 14 percent who… read more

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REMEMBER THAT TIME…?

Credit ratings agency Fitch Ratings used a post-election report to remind Illinois Democrats of their track record of “poor fiscal decisions.” Fitch already had a negative outlook for Illinois’ credit, which is a notch above junk status. In Monday’s report, the agency noted that the “return of single-party control to Springfield does not signal an… read more

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POLICY SET AT ANNUAL MEETING

Nearly 350 voting delegates took part in the policy development process Monday during the IFB annual meeting, debating a range of issues including recreational marijuana, the motor fuel tax and school security. Delegates and registered attendees also listened to USDA Secretary Sonny Perdue as he discussed trade aid and future of the 2018 farm bill…. read more

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Milk Donation Challenge

McLean County Farm Bureau Young Leaders will be participating the social media based #10GallonChallenge campaign and donating milk to Midwest Food Bank Dec. 20. If you would like to contribute to the cause, use the donate button below. You can also purchase and donate milk to directly to a local charitable organization: Contact the local agency… read more

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Delegates Set Policy at Illinois Farm Bureau Annual Meeting

Delegates and members attending the 103rd Illinois Farm Bureau (IFB) Annual Meeting capped a frustrating year with some good news: U.S. President Donald Trump and Chinese President Xi Jingping agreed to a ceasefire in their escalating trade war. Trump agreed not to raise tariffs further while trade negotiations continue while Xi agreed to purchase more… read more

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TRUMP GETS POSITIVE MARKS FOR ECONOMY

According to a recent Gallup poll, 53 percent of Americans surveyed approved of President Donald Trump’s handling of the economy, up from 50 percent in August. His ratings for handling foreign affairs, immigration and healthcare are significantly lower, with a majority of Americans saying they disapprove of his performance on each.  

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